29 Palm Beach AvenuePalm Beach QLD 4221
Property Details for 29 Palm Beach Ave, Palm Beach
Last Listing description (January 2017)
WE HAVE JUST LISTED THIS VERY UNIQUE PROPERTY IN THE HEART OF PALM BEACH ON A COMPREHENSIVE 405M2 BLOCK OF LAND.THE HOME IS CURRENTLY BEING RENTED AT $550 PER WEEK.WE HAVE ALSO LISTED THE PROPERTY NEXT DOOR AT 31 PALM BEACH AVENUE, FOR SALE ON 405M2, BOTH 29 AND 31 PALM BEACH AVENUE, TOTAL APPROX. 810M2 AND IS IN THE CBD OF PALM BEACH. BOTH PROPERTIES HAVE POTENTIAL FOR DEVELOPMENT (SUBJECT TO GCCC APPROVAL) , COMMERCIAL, HOMES, DUPLEXES OR A LAND BANK INVESTMENT.2 BEDROOMS, STUDY, BATHROOM, KITCHEN, DINING, LIVING ON THE 1ST FLOOR AND THE PROPERTY HAS HUGE STORAGE ON THE GROUND FLOOR.THE OPPORTUNITIES ARE ENDLESS WITH THIS HIGHLY SOUGHT AFTER LOCATION AS THESE PROPERTIES ARE TIGHTLY HELD OVER MANY YEARS!!!WHAT A GREAT OPPORTUNITY TO OWN THIS PIECE OF REAL ESTATE IN PALM BEACH AT A VERY AFFORDABLE PRICE!!! YOU CAN BUY BOTH PROPERTIES TOGETHER FOR FUTURE DEVELOPMENT. METRES TO MAJOR SHOPS, RESTAURANTS, CAFES, SURF CLUB AND THE BEACH! THIS HOME IS HOT PROPERTY IN A SENSATIONAL LOCATION.
Property History for 29 Palm Beach Ave, Palm Beach, QLD 4221
- 15 Sep 2021Sold for $1,500,000
- 27 Jan 2017Listed for Sale OFFERS OVER $725,000
- 20 Oct 2016Sold for $710,000
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About Palm Beach 4221
The size of Palm Beach is approximately 6.3 square kilometres. It has 12 parks covering nearly 16.0% of total area. The population of Palm Beach in 2016 was 14654 people. By 2021 the population was 16349 showing a population growth of 11.6% in the area during that time. The predominant age group in Palm Beach is 30-39 years. Households in Palm Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation.In 2021, 60.60% of the homes in Palm Beach were owner-occupied compared with 55.20% in 2016.
Palm Beach has 10,592 properties. Over the last 5 years, Houses in Palm Beach have seen a 90.23% increase in median value, while Units have seen a 111.90% increase. As at 30 November 2025:
- The median value for Houses in Palm Beach is $2,030,005 while the median value for Units is $1,189,262.
- Houses have a median rent of $915 while Units have a median rent of $800.
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